“Stephen Bizzell is engaged as Executive Chairman. His agreement is a consultancy style agreement for the provision of services. Services are currently invoiced at a weekly rate of $3,000.”
Financial report states Stephen Bizzell‘s FY19 Salary = $123,360.
$123,360 @ $3,000/week = 41week 1day
There are 13days of public holidays per year, and the wet season accounts for 13weeks/yr. Are we also paying for their weekends as a consultant.
I call BS that our Executive Chairman was on the LNY job for most of the year!
”Paul Marshall is engaged as Company Secretary and CFO. His agreement is a consultancy style agreement for the provision of services. Services are currently invoiced at a weekly rate of $3,000.”
Financial report states Paul Marshall’s FY19 Salary = $132,000.
$132,000 @ $3,000/week = 44 weeks
There are 13days of public holidays per year, and the wet season accounts for 13weeks/year. Are we paying for their weekends as a consultant.
I call BS that our Secretary/CFO was on the LNY job for most of the year...to cut & paste a few confusing reports.
This has been going on for years.
What a load of BS...who’s auditing this $hit...their fellow board member. There guys have multiple small cap gigs.
....and where’s the QRTLY
Simply remarkable!
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